News Overview

Yes Bank shares rose 1.78% to ₹23.48 after Citi highlighted potential benefits from the new UPI MDR structure, including a possible 6–12% boost to the bank’s profit before tax.

Prasol Chemicals made its NSE and BSE debut on September 16, 2026, opening at ₹610, a 9.76% discount to its ₹676 IPO issue price. The stock touched ₹667 and ₹601 during the early trading session despite the IPO receiving 3.47x overall subscription.

The NSE IPO opens on September 17 with a price band of ₹1,700–₹1,785 per share. NSE CEO Ashish Chauhan said demand has been unexpectedly large, while the GMP has cooled to ₹145 from ₹218 on September 11.

Jindal Supreme IPO GMP stands at ₹27 on September 16, indicating an estimated listing price of ₹120 against the ₹93 upper price band. Here's a look at the GMP's 145% rise from ₹11 and the latest subscription figures.

Tata Sons has approved N. Chandrasekaran’s reappointment for another five-year term and decided to proceed with the company’s listing process after the RBI rejected its request to surrender its Core Investment Company registration. The developments bring Tata Sons’ leadership, regulatory status and potential IPO back into focus.

SS Retail IPO GMP stands at ₹128 on September 16, indicating an estimated listing price of ₹552 against the ₹424 upper price band. Here's a look at the sharp rise in GMP from ₹30 to ₹128 and the latest subscription figures.

Hero Motors IPO GMP stands at ₹19 on September 16, implying an estimated listing price of ₹103 against the ₹84 upper price band. Here's a look at the GMP's sharp rise from ₹8 to ₹24 and subsequent cooling as the IPO opens.

Paytm shares surged 7.25% to hit a 52-week high of ₹1,855.50 after NPCI announced a 0.4% MDR on eligible UPI merchant transactions above ₹2,000. Here’s what the new framework could mean for Paytm and its merchant business.

Indian stock markets opened higher on September 16 after the Nifty 50 closed at a five-month low. Sensex and Nifty are attempting a technical rebound, while crude oil, US Treasury yields, the Fed decision and IPO activity remain key market triggers.

NSE IPO GMP has slipped to ₹198 on September 15 from a recent high of ₹310 on September 5. The current GMP implies an estimated listing price of ₹1,983, or an 11.09% premium over the ₹1,785 upper price band.